ICE Rolls out Ultra-Low Latency Wireless Offering in Europe

Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced that it has rolled out ultra-low latency wireless market data services in the London metro area and Frankfurt by ICE Global Network (IGN).

According to the press release, IGN offers customers an abundance of data and connectivity to over 150 capital market venues and 750 native market feeds. The launch of wireless market data services in Europe will provide customers with a new choice of provider and expand market data options for all customers. With competitive latencies connecting customers quickly and efficiently to select global markets, this offering also appeals to firms seeking diversity from private networks.

ICE said that IGN will leverage existing wireless infrastructure in Europe to help customers meet the increasing demands they face to make decisions in fractions of seconds. With the launch of wireless market data services, clients can get access to both cash and derivatives packages in the London triangle from ICE Futures, Euronext, CBOE Europe and LSE, as well as Eurex and Xetra from Frankfurt. The use of this reliable wireless network will allow customers to leverage the benefits of a highly optimized wireless service to help enhance their trading performance.

President of Fixed Income and Data Services at ICE, Lynn Martin, said: "Our customers in Europe are looking for competitive latency and pricing, network stability and access to global markets. This solution for London and Frankfurt allows customers active in European markets to access some of the world's most important trading venues through this offering."

The wireless market data offering is expected to go live in the second half of 2021.

Fazzaco recently reported that ICE announced its plan to launch Micro Asia Tech 30 Index futures contracts​ on ICE Futures Singapore on April 26, 2021.